AI in Fintech
Explore how artificial intelligence is reshaping financial services. Fintech Review covers the impact of AI on automation, customer experience, risk analysis, and innovation across banking, crypto, payments, and financial platforms.
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Gemini Space Station’s IPO Attracts Global Investor Interest
Today, Gemini Space Station, a leading digital asset services provider, intends to complete an initial public offering (IPO) on Nasdaq. This announcement has ignited considerable global investor interest. Initially, Gemini set its IPO price from $17 to $19 per share. Gemini’s IPO has been creating a stir among investors in recent weeks. The company’s reputation…
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ClearScore Reports £18.8m Profit in Remarkable Financial Year
In a remarkable financial year, ClearScore, a leading fintech firm, has reported a full-year profit of £18.8 million for the fiscal year 2024. This is a significant increase from the previous year’s profit of £6.4 million. The fintech firm, which assists lenders in managing volume and risk, has seen a substantial rise in its profit…
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US Fintech Rippling Gains UK Regulatory Approval
Great news for the UK’s fintech industry. The US-based platform, Rippling, has received approval from the UK Financial Conduct Authority (FCA). This approval allows Rippling to operate under an Electronic Money Institution (EMI) license. As a result, the company can offer a range of financial services in the UK, expanding its reach. Rippling is known…
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Retail Investor Confidence in US Economy Surges says eToro
A recent survey by eToro, a trading and investing platform, shows a surprising boost in US retail investor confidence. This rise occurs despite concerns about tariffs and a weakening labour market. eToro’s quarterly Retail Investor Beat survey captures the sentiments of retail investors worldwide. The survey collected opinions from 10,000 retail investors across 12 countries.…
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FCA Charges Finfluencers in Unprecedented Crackdown
The UK’s Financial Conduct Authority (FCA) has made an unprecedented move. It has charged three “Finfluencers” for promoting specific investment products. This action is part of a wider crackdown on Finfluencers allegedly pushing high-risk investment opportunities. The FCA’s release reveals that these individuals face a count of communicating an investment activity invitation, violating financial regulations.…
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Clean Core’s Shift to Digital Assets Spurs Ethereum Growth
This week’s second instalment of Web3 Thoughts explores Ethereum, Clean Core and captivating market trends. We’ll touch on Ethereum’s popularity for tokenisation, Clean Core’s evolution into a digital asset treasury firm, and intriguing market dynamics. Clean Core has stirred interest by morphing from a traditional company into a digital asset treasury firm. This shift mirrors…
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Brazil’s Central Bank Champions Sustainability and Pix Success
Striding towards digital financial inclusion and sustainability, Banco Central do Brasil (BCB) recently announced two significant milestones. Firstly, the central bank of Brazil published a report on climate risks and social opportunities, reflecting its commitment to sustainable finance. Secondly, its instant payment system, Pix, continues to show robust performance. The recent activities of BCB highlight…
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Geniez AI Raises £6m to Fuse Mainframes with AI Tech
Geniez AI, a UK-based AI startup, has successfully raised $6 million in a recent seed funding round. StageOne Ventures and Canapi Ventures co-led this round. Geniez AI is leading the way in developing innovative technology that integrates artificial intelligence with existing mainframe systems. With this announcement, Geniez AI underlines its dedication to incorporating AI agents…
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Republic Europe to List SpaceX Mirror Notes Soon
UK fintech enthusiasts, brace yourselves for an exciting development. Republic Europe, formerly known as Seedrs, is set to list SpaceX Mirror Notes soon. This significant step forward enhances access to high-potential private securities using digital assets. If you’re unfamiliar, Mirror Notes, also known as Mirror Tokens, are a novel type of digital assets. They mirror…
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Snappi Becomes Greece’s First ECB Licensed Digital Bank
In a significant stride towards financial digitalisation, Snappi has emerged as the first digital-only bank in Greece, licensed by the European Central Bank (ECB). This development, recently confirmed by the company, signals a major shift in the Greek banking sector as it steps into the digital-only platform arena. Headquartered in Ioannina, Snappi prioritizes app-based banking.…
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Indonesia’s Online Lending Soars 22% Despite Stricter Rules
The Financial Services Authority (OJK) in Indonesia reports a 22.01% year-on-year rise in online lending volumes in July. This growth persists despite the regulator’s stricter enforcement in the financing sector, including new sanctions on many institutions. In July, peer-to-peer (P2P) loan disbursements totalled Rp84.5 trillion ($5.3 billion), marking a significant increase from Rp83.5 trillion the…
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U.S. Bank Unveils Payroll Service for Small Businesses
This week, the American banking giant, U.S. Bank, rolled out a new service, U.S. Bank Payroll. Designed to aid small business owners, this solution integrates payroll tasks into regular online banking activities. U.S. Bank Payroll brings a suite of features to simplify the payroll process and lighten administrative load for small businesses. It includes automatic…
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74% of US Student Loan Borrowers Fear Repayment, Says AICPA
A recent survey by The American Institute of CPAs (AICPA), carried out by The Harris Poll, shows that roughly 74% of Americans with personal student loans worry about repayment. This data underscores the growing anxiety among borrowers amidst unstable economic conditions. The August survey vividly depicts the stress many borrowers currently face. Given the pandemic’s…
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Trade Policy Causes China-US Shipping Rates to Plummet
Recent data from the ABA Banking Journal reveals a substantial drop in China-U.S. West Coast spot rates. These rates have plunged by 68% since June, suggesting an unexpectedly early and abrupt peak season. This significant decline in shipping rates is mainly due to the current, volatile trade policy environment. This drastic fall in spot rates…
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OnePay Expands Services with Launch of Wireless Offering
Fintech startup OnePay, majority-owned by retail mammoth Walmart, recently broadened its services. The firm is transitioning into an all-in-one “super app” and has rolled out its own branded wireless service, OnePay Wireless. This move signifies a crucial phase in the company’s growth. Introduced this month, OnePay’s latest service is accessible through its app. This step…
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PayPal Partners with Perplexity for AI-Powered Browsing
PayPal (NASDAQ: PYPL) recently unveiled significant advancements, reflecting its ongoing commitment to integrating digital technology into its payment ecosystem. On September 3, 2025, it announced a strategic alliance with Perplexity. This partnership expands the services available to PayPal and Venmo users. This alliance grants users early access to Perplexity’s AI-driven Comet browser, which comes with…
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Tether Adopts Bitcoin’s RGB Protocol in Strategic Shift
Tether, the issuer of USD₮ (USDT), the top global stablecoin, recently unveiled significant changes to its blockchain strategy. Announced on August 29, 2025, these alterations highlight a forward-thinking approach aimed at boosting scalability, privacy, and user accessibility in the web3 and digital assets space. The company made this announcement amid a swiftly changing digital environment…
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Tech-Savvy Students Demand Better Digital Identity Protections
Jumio, a leading regtech firm specializing in AI-driven identity intelligence and biometric authentication, recently shared findings from its 2025 Online Identity Study. The study reveals a significant shift in digital identity protection attitudes among today’s tech-savvy students. This change is due to the rise in online learning and digital platforms, prompting students to demand stronger…
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Galaxy Digital First to Issue Equity on Blockchain
A significant development in the fintech industry, Galaxy Digital has become the first US public company to issue equity directly on a public blockchain. This pioneering move involved tokenising the firm’s Security and Exchange Commission (SEC)-registered equity directly on-chain, a first in the United States. Galaxy Digital’s innovative step marks a major shift in public…
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Xero Enhances AI Tool JAX in Collaboration with OpenAI
Xero, a fintech leader, recently launched an updated version of its AI tool, JAX. This enhancement is the successful outcome of a partnership with OpenAI. Moreover, Xero introduced new features to benefit accountants and small businesses. Through this upgrade, Xero repositions JAX as an Agentic AI Platform, reaffirming its dedication to enhancing offerings through AI.…